The global head of equities trading at Citigroup is leaving the bank, Financial News has learned, and is joining Louis Bacon's $12 billion hedge fund Moore Capital in Europe.

A Citi spokeswoman confirmed Pringle's departure. A spokeswoman for Moore Capital confirmed the appointment. Pringle could not be reached for comment.

Moore is a client of Citi and the split is an "amicable", according to a person familiar with the move.

Pringle joined Citi as it head of equities trading for Europe, the Middle East and Africa and was appointed to the global role in April 2011.

As part of changes to its equities division in March 2012, Citi promoted Dan Keegan to global head of cash, or stock, sales and trading and Simon Yates to global head of derivatives. Pringle retained his global title at the time but ceded some power, according to reports at the time. He instead focused on Delta One trading and other businesses.

The Citi spokeswoman said that Michael Bitton had been appointed as global head of Delta One earlier this year. Bitton joined Citi from UniCredit as a senior director in equity finance and delta one trading in 2012.